Property description

Presenting a substantial commercial investment opportunity in Hectorton, Randfontein, this property is meticulously designed as a high-capacity accommodation facility. Spanning an impressive 776.00 sqm floor area on a 991.00 sqm erf, it features 48 distinct accommodation units, offering significant potential for consistent rental income. Identified as 'The Village Accommodation', this establishment is ideally suited for student housing, worker accommodation, or similar shared living arrangements, promising a robust return on investment for discerning proprietors. The internal configuration prioritises functionality and communal living. The property comprises multiple individual units accessible via well-lit hallways, complemented by a dedicated communal kitchen equipped with multiple electric cooking hobs and a double stainless steel sink. Four communal bathrooms, featuring multiple shower stalls and basins, ensure adequate facilities for all residents. A critical operational advantage is the presence of individual digital electricity meters for each unit, facilitating precise utility management and billing. Security is a paramount consideration, with the property benefiting from high perimeter fencing, an electric fence, and robust burglar bars on windows, ensuring a secure environment for occupants. The exterior boasts a large paved courtyard, providing ample space for outdoor activities or additional parking, supplementing the 20 designated parking bays. The building's modern grey and red facade, coupled with practical roof vents, contributes to its functional appeal. Situated in Hectorton, a locale within Randfontein, the property benefits from its strategic position, offering accessibility to local amenities and transport routes. Randfontein is a well-established area, providing essential services and infrastructure conducive to supporting such a large-scale accommodation venture. Key Features: * 48 Accommodation Units * 776 sqm Floor Area on 991 sqm Erf * Communal Kitchen and 4 Bathrooms * Individual Digital Electricity Meters * Large Paved Courtyard * 20 Parking Bays * Electric Fencing and Window Bars * Ideal for Student or Worker Accommodation